How does delisting a stock and dealing with shareholders have to do with each other? Absolutely nothing. He would have to deal with them if UOIP was privately held or publicly traded. And, it wouldn't change the amount stockholders would get, if anything, in any settlement.
Were these shares sold through a PPM or directly from the company? It's not his fault there is a sucker born every minute.
That's odd - so in a settlement a company doesn't have to inform shareholders. That is too funny - the big Multi-billion dollar settlement is being hidden from shareholders. That would be illegal and shareholders in Exchange Traded stocks would not just sit and watch their investment disappear - they actually get to vote not like these OTC scams where a few insiders control the vote.
OWCP shareholders have a better chance of getting any money back from the Friedland Fair Fund than what Carter has done to shareholders. Look at the Waterfall he created.